Managing or Principal Consultant – Endur (Middle Office & Market Risk Business Analyst)
Role Overview
We are seeking a senior leader responsible for owning the vision, design, and delivery of Endur middle-office and market risk solutions for energy and commodity trading organizations. Acting as a trusted advisor to Risk, Finance, Operations, Trading, and Technology leadership, the role translates risk appetite, regulatory expectations, and market complexity into scalable, well-controlled Endur solutions. This position is accountable for middle-office solution integrity across valuation, market data, P&L, risk measurement, limits, and controls, as well as delivery readiness. Success requires deep Endur middle-office and market risk expertise, strong commodity market knowledge, and the ability to lead complex initiatives while influencing senior stakeholders.
Key Responsibilities
- Own the middle-office and market risk Endur solution architecture and delivery, aligning risk, finance, and operational needs with scalable, controlled platform design.
- Act as trusted advisor to Risk, Finance, and Operations leadership, translating market risk strategy and regulatory requirements into an Endur-enabled middle-office roadmap.
- Lead middle-office process and solution design across deal validation, trade lifecycle oversight, valuation, risk measurement, P&L, limits monitoring, and period-end close.
- Design and govern Endur configuration for market data and curve management, valuation and pricing models, position and exposure reporting, and risk measures (VaR, sensitivities, stress and scenario analysis, credit exposure) across physical and financial commodity products.
- Own the end-to-end P&L and market risk architecture: daily P&L generation and attribution, explain and reconciliation processes, prior-day and month-end controls, and alignment to the general ledger and accounting.
- Lead end-to-end delivery of middle-office and market risk workstreams, including discovery, design, build oversight, UAT leadership, and production cutover.
- Ensure timely, explainable, and independently verified P&L and market risk results, partnering closely with Trading, Finance, and Credit.
- Design and enforce the control framework: independent price verification, curve and market data governance, limit management, trade and deal-capture controls, segregation of duties, and audit and regulatory readiness.
- Establish and enforce governance and standards for templates, documentation, change control, release management, and desk onboarding.
- Ensure operational readiness for middle-office processes, including front-office-to-middle-office and middle-office-to-back-office handoffs, data quality monitoring, and end-of-day batch and reporting reliability.
- Mentor consulting teams, act as escalation point for complex valuation and risk modeling challenges, and build reusable solution patterns.
- Support client growth through roadmap shaping, opportunity identification, and contribution to proposals and delivery strategy.
Qualifications and Skills
- Deep functional expertise in Endur middle office and market risk, including valuation, market data, P&L, and risk reporting.
- Strong understanding of commodity markets and products, including physical and financial power, gas, and other energy products, with working knowledge of renewables PPAs and congestion/basis exposures.
- Proven experience owning middle-office or market risk solution architecture and delivery on complex Endur programs.
- Expertise in valuation approaches, curve construction and usage, sensitivities, VaR and other market risk methodologies, and alignment with risk management practices.
- Strong grasp of independent price verification, limit frameworks, P&L attribution, reconciliation, and explainable P&L.
- Working knowledge of credit risk and counterparty exposure, and of the accounting and regulatory context (e.g., hedge accounting, Dodd-Frank, EMIR, REMIT) that shapes middle-office controls.
- Ability to operate confidently with senior risk, finance, trading, and technology stakeholders.
- Leadership mindset with experience mentoring teams and setting delivery standards.
- Comfortable balancing hands-on problem solving with executive-level decision making and tradeoff management.
About the capSpire team
At capSpire, our people-first culture is at the core of everything we do. To understand who we are, it’s important to first understand what we’re not: replaceable. Every member of our team is selected thoughtfully and with intention. We believe that finding the right fit matters more than a long list of credentials—and that people come first, titles second.
Because we hire the capSpire way, our team is truly one of a kind. We’ve brought together exceptional talent that collaborates closely to deliver clean, innovative solutions for our clients. This approach has led to meaningful opportunities, including work with many Fortune 500 organizations across energy and commodity markets. Our culture of trust, open communication, and shared success lays the foundation for long-lasting, fulfilling careers—along with a genuine habit of celebrating one another’s wins.
capSpire is a global consulting and solutions firm focused exclusively on commodity-centric businesses. Operating at the intersection of markets, trading, and technology, we help clients solve complex, high-impact challenges through vendor-independent expertise and deep credibility in trading technology. We partner with our clients to define the right problems early, make better decisions faster, and translate strategy into executable change.
